B.P. Marsh & Partners (LON:BPM) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Shares of B.P. Marsh & Partners PLC (LON:BPM) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 674.78 and traded as high as GBX 694. B.P. Marsh & Partners shares last traded at GBX 689.20, with a volume of 6,218 shares traded.

B.P. Marsh & Partners Stock Up 0.3%

The company has a 50 day moving average of GBX 685.43 and a 200-day moving average of GBX 674.78. The company has a market cap of £242.87 million, a P/E ratio of 5.47 and a beta of 0.20. The company has a debt-to-equity ratio of 0.06, a current ratio of 486.99 and a quick ratio of 21.03.

B.P. Marsh & Partners (LON:BPM) last issued its quarterly earnings data on Wednesday, May 27th. The insurance provider reported GBX 132.60 EPS for the quarter. B.P. Marsh & Partners had a return on equity of 13.59% and a net margin of 160.46%.The company had revenue of GBX 1,040 million during the quarter. On average, equities analysts predict that B.P. Marsh & Partners PLC will post 61.4500021 earnings per share for the current year.

B.P. Marsh & Partners announced that its board has authorized a stock buyback plan on Thursday, March 26th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the insurance provider to buy shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Insider Transactions at B.P. Marsh & Partners

In related news, insider Rebecca Ann Shelley bought 7,151 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was bought at an average cost of GBX 695 per share, for a total transaction of £49,699.45. Company insiders own 47.47% of the company’s stock.

About B.P. Marsh & Partners

B.P. Marsh & Partners PLC is a specialist venture capital / private equity investor in early stage financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers and specialist advisory and consultancy firms. It considers investment opportunities based in the United Kingdom, Europe, North America and Internationally.

The Group invests amounts of up to £5m in the first round. Investment structure is flexible and investment stage ranges from start up to more developed.